OLSEN GLASS AS

1617 FREDRIKSTAD

Finances

Return on Equity

43,61 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 106 000	11 114 000	11 946 000	13 167 000
Net Income	740 000	547 000	797 000	1 596 000
Total Assets	6 338 000	5 570 000	5 086 000	7 452 000
Total Equity	1 697 000	1 030 000	482 000	1 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 106 000	11 114 000	11 946 000	13 167 000
Expenditure	13 110 000	10 355 000	10 871 000	11 176 000
Operating Profit	998 000	759 000	1 075 000	1 991 000
Financial Income	14 000	5 000	16 000	22 000
Financial Costs	53 000	50 000	52 000	54 000
Financial Balance	−39 000	−45 000	−36 000	−32 000
Earnings Before Tax	958 000	714 000	1 040 000	1 959 000
Tax	218 000	167 000	243 000	363 000
Net Income	740 000	547 000	797 000	1 596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 505 000	1 242 000	1 029 000	1 488 000
Total Current Assets	4 833 000	4 329 000	4 058 000	5 964 000
Total Assets	6 338 000	5 570 000	5 086 000	7 452 000
Total Retained Equity	1 667 000	1 000 000	452 000	1 155 000
Total Equity	1 697 000	1 030 000	482 000	1 185 000
Total Long-Term Debt	0	0	0	11 000
Total Current Debt	4 641 000	4 540 000	4 604 000	6 255 000
Total Equity and Debt	6 338 000	5 570 000	5 086 000	7 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 094 000	11 114 000	11 946 000	12 728 000
Other Income	12 000	0	0	439 000
Revenue	14 106 000	11 114 000	11 946 000	13 167 000
Cost of Goods Sold	4 870 000	3 777 000	4 256 000	4 332 000
Salary Costs	4 634 000	3 450 000	3 391 000	3 690 000
Depreciation	497 000	364 000	418 000	470 000
Impairment	0	0	0	0
Expenditure	13 110 000	10 355 000	10 871 000	11 176 000
Operating Profit	998 000	759 000	1 075 000	1 991 000
Financial Income	14 000	5 000	16 000	22 000
Financial Costs	53 000	50 000	52 000	54 000
Financial Balance	−39 000	−45 000	−36 000	−32 000
Dividends	0	0	1 500 000	1 300 000
Net Income	740 000	547 000	797 000	1 596 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 490 000	1 227 000	1 014 000	1 473 000
Total Tangible Assets	1 490 000	1 227 000	1 014 000	1 473 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	1 505 000	1 242 000	1 029 000	1 488 000
Stock	209 000	86 000	77 000	102 000
Total Investments	0	0	0	0
Cash, Bank	3 275 000	3 156 000	3 073 000	4 272 000
Total Current Assets	4 833 000	4 329 000	4 058 000	5 964 000
Total Assets	6 338 000	5 570 000	5 086 000	7 452 000
Total Equity	1 697 000	1 030 000	482 000	1 185 000
Short-Term Group Debt	3 022 000	3 229 000	1 729 000	3 429 000
Total Long-Term Debt	0	0	0	11 000
Creditors	325 000	397 000	212 000	200 000
Unpaid Taxes	733 000	425 000	608 000	727 000
Dividends	0	0	1 500 000	1 300 000
Other Current Debt	364 000	323 000	301 000	305 000
Total Current Debt	4 641 000	4 540 000	4 604 000	6 255 000
Total Equity and Debt	6 338 000	5 570 000	5 086 000	7 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,61 %	53,11 %	165,35 %	134,68 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	7,08 %	6,83 %	9 %	15,12 %
Current Ratio	1,04	0,95	0,88	0,95
Quick Ratio	1,09	0,97	0,9	0,97
Equity Ratio	0,27	0,18	0,09	0,16
Gross Profit Margin	65,48 %	66,02 %	64,37 %	67,1 %